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Iceland: Real effective exchange rate

Index, 2015 = 100 · 1960–2025 · 66 observations · forecasts to 2026 · REER

2025
128.9index, 2015 = 100
Change on 2024
+6.4%year on year
Average growth, 2015–2025
+2.6%a year

Real effective exchange rate

Report error
801001201401601801960197019801990200020102020IcelandIceland
ForecastIndex, 2015 = 100

Compare with other countries →Definition of Real effective exchange rate

Recent values

Index, 2015 = 100

YearValue
2026129.2Forecast
2025128.9
2024121.1
2023117.3
2022115.2
2021111.4
2020106.2
2019114.8
2018123.5
2017126.8
2016113.0

Sources

  • Bruegel1960–2023
  • WDI (archive)1979–1997
  • IMF International Financial Statistics1979–2025
  • World Development Indicators1979–2025
  • Bank for International Settlements1994–2025
  • World Bank Global Economic Monitor2000–2018
  • OECD Economic Outlook2007–2025
  • OECD Economic Outlook (forecast)2025–2027

Compare these sources →

Iceland documentation (PDF)

More for Iceland

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

Real effective exchange rate elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms